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£525,000
Bedrooms
Bathrooms
Reception
Harborough Estates are delighted to offer to the market this five-bedroom detached triple-fronted property, situated in this highly favoured residential road within this popular Kibworth location.
Through the porch entrance you are welcomed into the hallway. The right-hand side of the property boasts a bright and airy living room with French doors leading into the conservatory. French doors lead from the conservatory to the well-kept garden.
Back into the hallway and walking to your left you will find to the front a separate dining room. Back into the hallway you enter the fitted kitchen/breakfast room which has a window overlooking the garden. A door leads from the kitchen into a corridor leading into either the tandem garage or further along to the utility room, snug and a second conservatory, French doors lead out to the garden.
Complimenting the ground floor is a cloakroom.
Carpeted stairs lead to the first floor where you will find five good sized bedrooms and the family bathroom. The master bedroom boasts a walk-in wardrobe area which leads into an en suite bathroom.
To the front of the property is a good-sized driveway suitable for many vehicles and a tandem garage. The rear garden is well kept and perfect for the family to enjoy.
Springfield Crescent is ideally located within walking distance to the High Street for its array of shops and The Co-Operative Food store as well as bars and restaurants including The Lighthouse and Boboli--s.
Kibworth Church of England primary school rated "Outstanding" by Ofsted, is located close by.
This property is marketed chain free.
EPC Rating D.
Council Tax Band F.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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